• Economy

    OBG provides coverage of the major macro-economic trends within local economies, including GDP growth, government budgeting, public debt, balance of payments, monetary policy and long-term development strategies.
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Known as the sport of kings due to its claimed royal Hawaiian origins, surfing has become as intrinsic to Peruvian culture as ceviche, pisco or creole music. Historical evidence suggests that between 3500 to 4000 years ago the Mochica and Chimú cultures were the first, in what today is known as Peru, to incorporate the Pacific Ocean...

Articles & Analysis | MINISTRIES &: AGENCIES from The Report: Peru 2018

President’s Office (+51) 1 311 3900 Council of Ministers (+51) 1 219 7000 Ministry of Agriculture (+51) 1 209 8600 Ministry of Energy & Mines (+51) 1 411 1100 Ministry of Economy & Finance (+51) 1 311 5930 Ministry of Foreign Trade & Tourism (+51) 1 513 6100 Ministry of Education (+51) 1 615 5800 Ministry of Defence (+51) 1 209 8530...

ETIQUETTE: Given Peru’s rich historical and ethnic heritage, its culture is diverse and varies from region to region. Peruvians are generally polite and friendly, and strong friendships often go a long way in opening doors and securing opportunities in the business world. Standard business attire is the...

 

What measures can be taken to enhance the country’s non-primary industries?

 

Recent decades have seen a downward convergence in corporate tax regimes as advanced, emerging and developing economies moved to grab a bigger slice of the global investment pie. Headline corporate tax rates have fallen by 20 percentage points since the early 1980s. Alongside lower average rates, special tax incentives aimed at capturing...

 

After a political transition that threatened business confidence and investment projects in Peru, local and international economic agents have regained optimistic outlooks. As one of South America’s top performers due to its structural reforms and fiscal discipline, Peru is seeing an economic rebound due to rising commodity prices and an...

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